Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026)
Waystar Holding (WAY) posted quarterly Interest Coverage Ratio of 3.87 for Q2 2026, up 8.96% year-over-year from 3.55 in Q2 2025, and down 0.52% quarter-over-quarter from 3.89 in Q1 2026.
Waystar Holding (WAY) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Waystar Holding's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 3.87 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 8.96% year-over-year to 3.87; the TTM figure through Jun 2026 stood at 3.22 (up 17.59% YoY), while the FY2025 annual figure was 0.4, down 52.86% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 3.87, down from 3.89 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 3.89 in Q1 2026, with the low at 0.73 in Q2 2023.
- The 4-year median for Interest Coverage Ratio is 2.19 (2025), against an average of 1.72.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio soared 2366.66% in 2024, then declined 17.37% in 2025.
- Waystar Holding's Interest Coverage Ratio stood at 0.11 in 2023, then jumped by 2366.66% to 2.65 in 2024, then slipped by 17.37% to 2.19 in 2025, then surged by 77.05% to 3.87 in 2026.
- Business Quant data shows WAY's Interest Coverage Ratio at 3.87 in Q2 2026, 3.89 in Q1 2026, and 2.19 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 0.94 |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.23 |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 4.12 |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -0.21 |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 0.57 |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -8.45 |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 3.87 |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 0.21 |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -0.10 |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.87 |
| Mar 31, 2026 | 3.89 |
| Dec 31, 2025 | 2.19 |
| Sep 30, 2025 | 3.11 |
| Jun 30, 2025 | 3.55 |
| Mar 31, 2025 | 3.27 |
| Dec 31, 2024 | 2.65 |
| Sep 30, 2024 | 1.47 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | -0.62 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | -0.61 |
| Jun 30, 2023 | -0.73 |